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$356,000

NAL Estimated Property Value

923 Garrett Dr, Magnolia, TX, 77354

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,838 Sq Ft
price_per_sqft$200.76 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size20,000 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9495-04-30300
Lot Number30
SubdivisionWestwood 04
Land UseResidential Single Family
Legal DescriptionWESTWOOD 04, BLOCK 6, LOT 30
Census Tract690501
Assessed Land Value$80,000
Assessed Improvement Value$238,000
Assessment Year2025

About this property

Welcoming and spacious home located in a great neighborhood and great location. Beautiful 3 bedroom, 2 bath brick home on nearly half acre lot features wide plank wood tile flooring through the entry, living room, dining room and kitchen. High ceilings and arched walkways featured throughout. The kitchen features a sizable granite island and abundance of counter space and cabinets. The spacious breakfast and dining area will accommodate both daily living and entertaining. Cozy up to the corner stone gas fireplace featured in the living area. Private primary suite with granite counters, dual sinks, soaking tub and walk in shower. Hugh back yard would be great for a Shop, RV/Boat Storage or Pool! Endless possibilities! Newly installed 26kw GENERATOR, never loose power again! Sprinkler system, and a double wide driveway. Minutes to The Woodlands & Lake Conroe. Low taxes, HOA and No MUD!!

Investor Tools

Property Icon
$356,000
Estimated Property Value
$254,906Estimated Mortgage Balance
$101,094Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,864
$318,000
2025
$80,000
$238,000
$318,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,864
$318,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$258,300
No
First
Aug 1, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,906
$103,094
28%
72%
$1,549/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Magnolia

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